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To: MythMan who wrote (401510)2/26/2010 7:51:08 AM
From: Giordano Bruno2 Recommendations  Read Replies (1) | Respond to of 436258
 
"Have it your way!" - Burger King
Rumor Versus Fact: An Insider's Report On A Manipulated MarketSubmitted by Tyler Durden on 02/25/2010

When the S&P500 came upon the 3:15pm close, the market had settled negative, but hardly. The rally was good for 17.50 points from the low equating to a 1.6% reversal. And in case you didn’t know, a 1% market move equates to well over $100 billion in market capitalization. Therefore, this amazing move tacked on ~ $180,000,000,000.00 to the US (non-rigged) market cap. How nice. Oh, did I mention this was based on a RUMOR…an UNFOUNDED RUMOR? Not to worry though folks – you can bet your bottom dollar that the fellas on Fraud Street weren’t about to let a massive rally fade away to nothing. After the initial period when AAPL denied the rumor and the market churned around 1097.00, then the market went even higher. Said another way, Fraud Street kept the gains based on a known FALSE rumor…and then…wait for it….wait for it…I G N O R E D the real news of the morning. It was a well timed replay of the Greek bailout rumor of Feb. 9th. How healthy is this market if its best moves are 100% fabricated bull$#it? I have another question or two: Who benefited from this other than Goldman Sachs? I wonder how many magical S&P500 at-the-money calls were purchased moments before the explosion? I wonder if the SEC will investigate? Would the Lame Stream Media ignore this if a false rumor triggered a 1.6% rout? OK, I know the answer to the last two – and it’s no.



To: MythMan who wrote (401510)2/26/2010 8:20:04 AM
From: Terry Maloney  Respond to of 436258
 
lol ... do you know of Hazel McCallion? <g>

Rick Mercer did a nice profile of her ...

Message 26346782



To: MythMan who wrote (401510)2/26/2010 9:36:35 AM
From: Terry Maloney  Read Replies (1) | Respond to of 436258
 
Anal IOC objects to partying ...

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